PALO ALTO NETWORKS, INC (PANW) FY2026 YTD Q2 P&L / Income Statement

PALO ALTO NETWORKS, INC (PANW) FY2026 YTD Q2 P&L / Income Statement

Income statement for 2025-08-01 through 2026-01-31. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

Total revenue

5,068,000,000 US dollars

Total cost of revenue

1,323,000,000 US dollars

Total gross profit

3,745,000,000 US dollars

Total operating expenses

3,039,000,000 US dollars

Operating income

706,000,000 US dollars

Other income (expense), net (calculated)

255,000,000 US dollars

Income before income taxes

961,000,000 US dollars

Provision for income taxes

195,000,000 US dollars

Net income

766,000,000 US dollars

Product revenue

948,000,000 US dollars

Subscription and support revenue

4,120,000,000 US dollars

Product cost of revenue

204,000,000 US dollars

Subscription and support cost of revenue

1,119,000,000 US dollars

Research and development

1,039,000,000 US dollars

Sales and marketing

1,643,000,000 US dollars

General and administrative

357,000,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.